Gold and silver are expected to move in a tight range this week, with a mild upward bias, as investors watch geopolitical tensions in the Middle East and key global economic cues, analysts said. Domestically, the Reserve Bank of India’s monetary policy announcement due mid-week will also be in focus. Pranav Mer of JM Financial…
NEW DELHI: CII has released a 20-point plan to help shield Indian companies grappling with the impact of the West Asia crisis, including tax and duty rejig for energy inputs, customs waiver for LNG, and long-term capital gains tax exemption for primary market investment to boost foreign capital inflows.Drawing upon the Covid-era toolkit, the industry…
Why are bond yields rising?Bond yields are climbing due to a combination of rising crude oil prices and a weakening rupee, both of which add to inflationary pressures. India’s 10-year benchmark yield has risen to around 7% from 6.68% a month ago. Crude oil prices have surged to $115–$120 per barrel, and with India importing…
OFFICIALLY IT IS a city. But Hanchuan, in central China, is largely rural. Many of its 1m people live between fields and small factories. A company making sewing thread and a handful of fisheries make up a good chunk of its economy. But there was a buzz in the tiny city centre in January, when…
Auto sales in India surged to an all-time high to approach the three-crore milestone as the government’s move to rationalise goods and services tax created demand for vehicles of all shapes and sizes. Car sales in India rose 13.3% year-on-year to 47,05,056 units in FY26. As many as 2,96,71,064 vehicles were registered on the VAHAN…
Asian equities traded in green on Monday, as investors remained cautious with the Middle East war entering its sixth week and tensions continuing to rise. While Japan’s Nikkei and South Korean Kospi jumped in green, Australia, Hong Kong and Shanghai remained shut.Nikkei jumped, 1.65% to 54,001.64, up 878 points. Kospi also maintained the momentum, rising…
Stock market began the week in red as tensions in the Middle East continue to intensify and benchmark indices tumble over 0.2%. While NSE Nifty50 opened below 22,800, BSE Sensex tumbled over 300 points. Around 9:25 am Nifty50 traded at 22,666.90, down 46 points or 0.2%. The 30 share pack Sensex also slipped 197 points…
NEW DELHI: Moody’s Ratings has slashed India’s economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks.In its credit opinion report on India, Moody’s said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term…
April is that time of the year when your kids must be enjoying their summer vacation. You must be planning your much-needed annual family trip to take a break from work and your daily routine. Did you know that your regular Flipkart orders can contribute towards sponsoring your next Air India flight on your family…
Oil prices began the week on a strong note, maintaining above the $100 per barrel mark on Monday, as the ongoing Middle East conflict continues to disrupt energy supply routes and unsettle global markets.In early trade, US benchmark West Texas Intermediate (WTI) climbed 1.86% to $113.62 per barrel. North Sea Brent crude also edged higher,…
